Form 83 (EFO00011) Small Employer Investment Tax Credit - Idaho

What Is Form 83 (EFO00011)?

This is a legal form that was released by the Idaho State Tax Commission - a government authority operating within Idaho. As of today, no separate filing guidelines for the form are provided by the issuing department.

FAQ

Q: What is Form 83 (EFO00011)?A: Form 83 (EFO00011) is a tax form used to claim the Small Employer Investment Tax Credit in Idaho.

Q: What is the Small Employer Investment Tax Credit?A: The Small Employer Investment Tax Credit is a tax credit available to small employers in Idaho who invest in qualified property.

Q: Who is eligible for the Small Employer Investment Tax Credit?A: Small employers in Idaho who invest in qualified property are eligible for the tax credit.

Q: What is qualified property?A: Qualified property includes depreciable property that is used in a trade or business in Idaho.

Q: How much is the Small Employer Investment Tax Credit?A: The tax credit is equal to 3% of the cost of qualified property, up to a maximum of $10,000 per year.

Q: How do I claim the Small Employer Investment Tax Credit?A: You can claim the tax credit by filling out Form 83 (EFO00011) and attaching it to your Idaho tax return.